Cork to play Celtic, if Revenue withdraw order
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In an unexpected turn, Cork City have today announced that Celtic Football Club have agreed to play the Leesiders in a friendly match to assist the club in its efforts to resolve their current financial situation.
Despite the fact that the club is expected to be dissolved tomorrow in the Courts, the club have announced that "details of the match, which will take place in either August or September, will be announced in the coming days."
A club statement read: "In light of the circumstances in which the club finds themselves, this friendly match now confirms that we will have the ability to pay the outstanding balance owed to the Revenue. The club sincerely hope that common sense will prevail and the club will be given the opportunity to deliver on this."
The club will now go to the High Court in the morning to propose that money generated from the game will be given directly to the Revenue to clear all debts. Tom Coughlan is expected to offer €220,000 plus the money from the friendly, though it's still unknown whether this will result in the Revenue withdrawing the order in the final hour of the clubs 'stay of execution'.
Miss Justice Laffoy is expected to make her decision before lunch on the final day of court sitting's until September. The club are 11th on a list of 20 cases in Court 9, with the first case to be decided at 10.30am.
It emerged this evening that the club will be represented by Quintas, a Cork based financial management group that is believed to have a strong relationship with the Revenue. This will, Coughlan hopes, get the Revenue to accept an offer which would have been enough on Monday morning.
Despite the fact that the club is expected to be dissolved tomorrow in the Courts, the club have announced that "details of the match, which will take place in either August or September, will be announced in the coming days."
A club statement read: "In light of the circumstances in which the club finds themselves, this friendly match now confirms that we will have the ability to pay the outstanding balance owed to the Revenue. The club sincerely hope that common sense will prevail and the club will be given the opportunity to deliver on this."
The club will now go to the High Court in the morning to propose that money generated from the game will be given directly to the Revenue to clear all debts. Tom Coughlan is expected to offer €220,000 plus the money from the friendly, though it's still unknown whether this will result in the Revenue withdrawing the order in the final hour of the clubs 'stay of execution'.
Miss Justice Laffoy is expected to make her decision before lunch on the final day of court sitting's until September. The club are 11th on a list of 20 cases in Court 9, with the first case to be decided at 10.30am.
It emerged this evening that the club will be represented by Quintas, a Cork based financial management group that is believed to have a strong relationship with the Revenue. This will, Coughlan hopes, get the Revenue to accept an offer which would have been enough on Monday morning.
About Alan Smith
Alan Smith works as a sub-editor for the Guardian newspaper in London. Originally from Cork, he freelances for several other newspapers and websites. Follow him on twitter @alansmith90. View Full Profile